medical technology company providing innovative solutions and technologies
for a wide range of medical procedures. The Company provides an extensive
range of products into multiple medical markets, primarily in the
endovascular, sports medicine and spine markets. Many of the products are
based on the Company's significant expertise in the design, development,
manufacturing and processing of absorbable biomaterials, which has led to
partnerships to commercialize technologies. Kensey Nash has also
commercialized a series of innovative products through its own direct
endovascular sales force. The Company is known as a pioneer in the field of
arterial puncture closure, as the inventor and developer of the
Angio-Seal(TM) Vascular Closure Device, which is licensed to St. Jude
Medical, Inc.

Cautionary Note for Forward-Looking Statements. This press release
contains forward-looking statements that reflect the Company's current
expectations about its prospects and opportunities including the Company's
forecast of operating results for the third quarter and fiscal 2008. The
Company has tried to identify these forward looking statements by using
words such as "expect," "anticipate," "estimate," "plan," "will,"
"forecast," "believe," "guidance," "projection" or similar expressions, but
these words are not the exclusive means for identifying such statements.
The Company cautions that a number of risks, uncertainties, and other
important factors could cause the Company's actual results to differ
materially from those in the forward-looking statements including, without
limitation, the Company's success in distributing its endovascular products
into the marketplace, the Company's dependence on three major customers
(St. Jude Medical, Arthrex and Orthovita) and their success in selling KNC
related products in the marketplace, the impact of product recalls and
other manufacturing issues, and competition from other technologies, among
other important risks. For a more detailed'/>"/>

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